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    Exam 17: Output and the Exchange Rate in the Short Run
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    Which of the Following Equations Does NOT State a Condition
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Which of the Following Equations Does NOT State a Condition

Question 16

Question 16

Multiple Choice

Which of the following equations does NOT state a condition required for equilibrium output:?


A) Y = C(Yᵈ) + I + G + CA(EP*/P,Yᵈ)
B) Y = C(Y - T) + I + G + CA(EP*/P,Y - T)
C) Y = D(EP*/P,Y - T,I,G)
D) R = R* + (EP/E)
E) Y = D(EP*/P,Yᵈ,I,G)

Correct Answer:

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